AT&T Inc. Stock Price Targets Increased by Several Analysts
AT&T Inc. has received positive updates from several analysts, with TD Cowen, KeyBanc, Wolfe Research, and Evercore ISI increasing their price targets for the company’s stock.
- TD Cowen
- KeyBanc
- Wolfe Research
- Evercore ISI
These analysts have cited several factors contributing to their positive outlook, including AT&T’s decision to increase capital investments, which is expected to drive long-term growth. Additionally, the company’s fiber strategy and tax savings have been identified as key factors in maintaining a positive stock rating.
However, AT&T faces competition from T-Mobile, which has seen significant growth in new subscribers. Despite this, AT&T’s stock price has shown a moderate increase in recent days.
Key Factors Influencing AT&T’s Stock Price
- Increased capital investments
- Fiber strategy
- Tax savings
- Competition from T-Mobile
Recent Stock Price Movement
AT&T’s stock price has shown a moderate increase in recent days, despite facing competition from T-Mobile.